85-87 VICTORIA STREET, Carleton Place
Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16' x 12' upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario's fastest-growing communities. All kinds of possibilities with this unique income property. (id:25961)
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Details
- Parking Spaces: 4
- Transaction: For sale
Building
- Appliances: Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
- BasementType: N/A (Other, See Remarks), N/A (Unfinished)
- Basement Development: Other, See Remarks,Unfinished
- Bedrooms Main Level: 6
- Cooling: Window air conditioner
- Exterior Finish: Vinyl siding
- Fireplace Present: False
- Foundation: Stone
- Bathrooms (Total): 4
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 2500 - 3000 sqft
- Stories Total: 2
- Type: Fourplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 109 ft ,6 in
- Size Frontage: 52 ft ,1 in
- Size Irregular: 52.1 x 109.5 FT
This property for sale is located at 85-87 VICTORIA STREET in Carleton Place. It was last modified on June 17th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Carleton Place homes for sale.
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